caught short wheat

Hi to everyone, I have a question regarding the march wheat contract...i am short (like a fool) and was wondering how a person can get out if the futures were locked limit up all the way through march experation? if they opened up the limit everyday then expired how could you ever cover your short position? And if the march contract options expire tomorrow, how could you hedge it? Thanks for anyones help...

Hi to everyone, I have a question regarding the march wheat contract...i am short (like a fool) and was wondering how a person can get out if the futures were locked limit up all the way through march experation? if they opened up the limit everyday then expired how could you ever cover your short position? And if the march contract options expire tomorrow, how could you hedge it? Thanks for anyones help...

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Sorry to hear that you have your account overleveraged. It's best to correctly position size and then limit moves are no big deal. The Wheat market will not lock every day through the third week of March I shouldn't think, By buying in the money call options, you will be presented with a long position at option expiry that will offset the short contracts. Thank you for your time.